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cross-posted from: https://lemmit.online/post/1021018

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The original was posted on /r/upliftingnews by /u/DyeZaster on 2023-10-05 17:58:02.

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[-] centof@lemm.ee 5 points 1 year ago
  1. It’s highly inflationary.
  1. False. It is only inflationary if the the government prints money to fund it. If instead the government funds it by cutting unnecessary spending or increasing tax revenue in some way than it is not inflationary. There is the same amount of money in circulation but it is just moving between hands instead of staying in a bank account.
[-] Farnswirth@lemmy.world 2 points 1 year ago* (last edited 1 year ago)

cutting unnecessary spending or increasing tax revenue

You are technically correct, but in a practical sense: lol good luck with that.

[-] centof@lemm.ee 2 points 1 year ago

Yep, unfortunately our politicians are bought and paid for by the rich.

Thanks Citizens United

this post was submitted on 06 Oct 2023
1181 points (97.8% liked)

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